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Net sales Cost of goods sold Other expenses Net income 500,000 250,000 100,000 150,000 Inventory Other current assets Long-term assets Current liabilities Long-term liabilities 80,000

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Net sales Cost of goods sold Other expenses Net income 500,000 250,000 100,000 150,000 Inventory Other current assets Long-term assets Current liabilities Long-term liabilities 80,000 20,000 50,000 50,000 25,000 Number of common stock shares issued & outstanding Market price per share 50,000 Common stock Retained earnings 50,000 25,000 What is earnings per share (EPS)? Assume zero preferred dividends. 10.0 04.0 o 0 2.0 O O 3.0

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